$825,000
$50K PRICE DROP

Estimated payment $6,285/month

Total Views 1,903
2 Beds
2 Baths
1,212 Sq Ft
$681 Price per Sq Ft

Highlights

  • Concierge
  • Lake Front
  • Wood Flooring
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

Unbelievable Austin Skyline Views | Milago Condominiums on Lady Bird Lake |

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath condo offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Nestled at the tranquil end of Rainey Street, this premier residence combines the serenity of lakeside living with the vibrant energy of Austin’s most desirable entertainment district.

Thoughtfully designed for modern living, this home features:
- Elegant wood floors and granite countertops
- Open-concept kitchen with sleek, modern finishes
- Oversized windows and automatic power shades
- Abundant natural light throughout

Additional features include two premium parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience.

Milago residents enjoy resort-style amenities, including:
- Rooftop pool & spa with grilling stations
- 2nd-floor fitness center and club room
- 1st-floor lounge and landscaped outdoor patio
- 24-hour concierge service

What sets Milago apart is its lush, park-like setting positioned directly on the hike-and-bike trail along the lake, offering an unmatched blend of nature and urban luxury.

This unit is a rare opportunity to own a piece of the Austin skyline in one of downtown’s most coveted buildings. Don't miss your chance to experience lakefront living in the heart of the city.

Listing Agent

Kirk Lewis

Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 422-2495 License #0484323 Listed on: 08/06/2025

Kuper Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Northwest Facing Home
  • Private Entrance

HOA Fees

  • $937 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Gas Grill

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02030313630000

Community Details

Overview

  • Milago Condo Association
  • Milago Condo Amd Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Common Area
  • Business Center
  • Meeting Room
  • Lounge

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,897

Year Built

Built in 2005

Lot Details

0

HOA Fees

$937 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: Head southwest on I-35 S, Take exit 236A toward 32nd St/Dean Keeton, Turn right onto River St, At the traffic circle, take the 3rd exit onto Rainey St, Destination will be on the right
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1212
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 422-2495
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11987.00
  • FEMA Flood Plain: No
  • Restrictions: Covenant
  • Tax Exemptions: Homestead
  • Unit Style: High Rise (8-13 Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Primary Bedroom on Main, Walk-In Closet(s)
  • View: City, City Lights, Downtown, Lake, Skyline, Water
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Window Features: None
  • Laundry Location: In Bathroom,Laundry Closet
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Gas Grill, Private Entrance
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Garage, Reserved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 936.75

Association/Amenities

  • Association Name: Milago Condo Association
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Business Center, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Lounge, Pool

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 02030313630000
  • Lot Size Acres: 0.007
  • Lot Size Sq Ft: 304.92
  • Subdivision Name: Milago Condo Amd

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11896.95
  • Tax Map Number: 922
  • Tax Filled Sqft Total: 1212
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,499 $548,259 $228,075 $320,184
2023 $12,285 $802,482 $0 $0
2022 $14,408 $729,529 $0 $0
2021 $14,436 $663,208 $114,038 $549,170
2020 $13,784 $642,644 $82,107 $560,537
2018 $13,613 $614,882 $68,423 $546,459
2017 $13,291 $595,990 $68,423 $527,567
2016 $12,392 $555,667 $68,423 $487,244
2015 $7,995 $561,970 $68,423 $493,547
2014 $7,995 $458,629 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $825,000 -5.7% $681 / Sq Ft
08/06/2025 08/06/25 For Sale $875,000 +47.1% $722 / Sq Ft
05/30/2014 05/30/14 Sold -- -- --
01/20/2014 01/20/14 Pending -- -- --
01/19/2014 01/19/14 For Sale $595,000 -- $491 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- Chicago Title
Warranty Deed -- Commonwealth Land Title
Vendors Lien -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $504,000 Commercial
Previous Owner $267,200 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4202725

Unlock MLS (Austin Board of REALTORS®)

APN: 719688